TORONTO, Aug two, 2019 /CNW/ – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce that it has effectively renewed its Well being Canada licences for the Company’s Ancaster, Ontario facility till August 2022. As per the Cannabis Regulations, these licenses authorize TGOD to cultivate, procedure and sell cannabis from its Ancaster site.
“From day 1, the complete group at TGOD placed a robust concentrate on ethics and compliance. These core values have been paramount to our good results,” commented Brian Athaide, CEO of TGOD. “Our group continues to perform diligently as we ramp up production and execute our business enterprise program.”
TGOD is in the procedure of finishing its third developing at Ancaster, a state-of-the-art hybrid greenhouse. Completion is anticipated by the finish of the month, bringing the facility to a total size of 166,000 square feet with an annual production capacity of 17,500 kgs TGOD is also in search of an eGMP certification to permit for worldwide exports, as laws and regulations permit.
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) is a publicly traded, premium worldwide organic cannabis corporation, with operations focused on health-related cannabis markets in Canada, Europe, the Caribbean and Latin America, as properly as the Canadian adult-use industry. TGOD also has organic hemp CBD oil operations in Canada, and via its wholly owned subsidiary HemPoland distributes premium hemp CBD oil in the EU. The Firm grows higher high quality, certified organic cannabis with sustainable, all-organic principles. TGOD’s solutions are laboratory tested to assure sufferers have access to a standardized, protected and constant solution. TGOD has a planned capacity of 219,000 kgs and is developing 1,643,600 sq. ft. of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark.
TGOD’s Frequent Shares and warrants issued below the indenture dated November 1, 2017 trade on the TSX below the symbol “TGOD” and “TGOD.WT”, respectively.
For additional data on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca.
Forward-Seeking Data Cautionary Statement
This news release involves statements containing particular “forward-seeking information” inside the which means of applicable securities law (“forward-seeking statements”). Forward seeking statements in this release involves, but is not restricted to, statements about future facility building, statements about future production capacity, statements about the achievement of particular certifications in connection with its facilities, statements about the receipt of any regulatory permits or licences, statements about the providing of any certain solutions by the Firm in any jurisdiction and statements relating to the future efficiency of the Firm. Forward-seeking statements are regularly characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other comparable words, or statements that particular events or situations “may” or “will” happen. These statements are only predictions. Numerous assumptions had been made use of in drawing the conclusions or producing the projections contained in the forward-seeking statements all through this news release. Forward-seeking statements are primarily based on the opinions and estimates of management at the date the statements are created and are topic to a assortment of dangers and uncertainties and other variables that could bring about actual events or benefits to differ materially from these projected in the forward-seeking statements. The Firm is below no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-seeking statements, regardless of whether as a outcome of new data, future events or otherwise, except as expressly essential by applicable law.
Neither TSX nor its Regulation Solutions Provider (as that term is defined in the policies of Toronto Stock Exchange) accept duty for the adequacy or accuracy of this release.
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